Decoding the Ownership Structure- Who Really Calls the Shots in the Los Angeles Kings-
Who owns Los Angeles Kings? This question has intrigued fans and followers of the National Hockey League (NHL) for years. The Los Angeles Kings, a storied franchise with a rich history, has undergone several ownership changes since its inception in 1967. Understanding the current ownership structure is crucial for fans who want to stay informed about the team’s direction and future endeavors.
The Los Angeles Kings are currently owned by Anschutz Entertainment Group (AEG), a sports and entertainment conglomerate. AEG, founded by Phil Anschutz, has a diverse portfolio that includes sports teams, venues, and entertainment properties. The group’s ownership of the Kings dates back to 1995 when they purchased the team from the California Sports, Inc. group.
Under AEG’s ownership, the Kings have experienced significant growth and success. They have won two Stanley Cup championships in 2012 and 2014, marking their first titles since moving to Los Angeles in 1991. The team’s recent triumphs have been a testament to AEG’s commitment to investing in the franchise and fostering a winning culture.
Phil Anschutz, the founder of AEG, has been a prominent figure in the sports and entertainment industry for decades. His influence extends beyond the Los Angeles Kings, as AEG owns several other sports teams, including the Los Angeles Lakers and the Los Angeles Dodgers. Anschutz’s business acumen and passion for sports have played a crucial role in shaping the success of the Kings and other AEG properties.
The ownership structure of the Los Angeles Kings has also involved a partnership with the Gores Group, a private equity firm. The Gores Group acquired a majority stake in AEG in 2011, which included the Kings. This partnership has allowed AEG to continue investing in the team and its facilities, such as the Staples Center, where the Kings play their home games.
While the current ownership has been instrumental in the team’s success, there have been discussions about potential changes in the future. As the sports and entertainment landscape evolves, fans and stakeholders will be closely watching to see if there are any shifts in ownership that could impact the direction of the Los Angeles Kings.
In conclusion, the Los Angeles Kings are currently owned by Anschutz Entertainment Group, with Phil Anschutz and the Gores Group playing significant roles in the team’s ownership structure. The partnership between these entities has contributed to the team’s recent success and has set the stage for continued growth and prosperity. As the NHL continues to expand and evolve, the question of who owns the Los Angeles Kings will remain a topic of interest for fans and industry experts alike.
